Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

U.S. Stocks Open Lower After Tepid Data -2-

02/21/2013 | 09:26am US/Eastern

KBR Inc.'s (>> KBR, Inc.) fourth-quarter earnings declined 67% as the company recorded steep revenue declines in its North American government and logistics business and in its minerals business.

Michael Kors Holdings Ltd. (>> Michael Kors Holdings Ltd) said a secondary offering of 25 million of its shares priced at $61.50 a piece, in line with its Wednesday close.

Molina Healthcare Inc. (>> Molina Healthcare, Inc.) lowered its full-year earnings guidance by ten cents a share, factoring in an upsized debt offering and projected increases to premium revenue.

Questar Corp.'s (>> Questar Corporation) fourth-quarter earnings rose 3.6% as the natural-gas company reported wider margins, offsetting declining revenue in its larger gas segment.

Sherwin-Williams Co. (>> Sherwin-Williams Company) has agreed to pay $80 million to settle charges with the Labor Department over transactions related to the company's employee stock-ownership plan.

SM Energy Co.'s (>> SM Energy Co.) fourth-quarter loss narrowed as the oil-and-gas company increased production and as derivative gains boosted results.

Southwestern Energy Co. (>> Southwestern Energy Company) swung to a fourth-quarter loss as lower natural-gas prices cost the oil-and-gas company a significant impairment charge, although revenue for the latest period beat analysts' expectations.

Semiconductor-packaging company Tessera Technologies Inc. (>> Tessera Technologies, Inc.) said a court has awarded it more than $130 million in a dispute with Amkor Technology Inc. (>> Amkor Technology, Inc.), in addition to about $20 million Amkor already paid to Tessera.

TRW Automotive Holdings Corp. (>> TRW Automotive Holdings Corp.) said Automotive Investors LLC, an affiliate of the Blackstone Group LP (>> The Blackstone Group L.P.), and certain members of TRW's management plan to offer 10 million shares. The company had 119.3 million shares outstanding as of Feb. 8.

Walter Energy Inc. (WLT, WLT.T) swung to a fourth-quarter loss as lower prices for metallurgical coal hurt the company's results.

Williams Cos." (>> Williams Companies, Inc.) swung to a fourth-quarter profit despite impacts from weaker natural-gas liquids margins as the year-earlier loss stemmed from asset write-downs and other charges related to its former exploration and production business.

Yamana Gold Inc.'s (AUY, YRI.T) fourth-quarter earnings rose 89% as higher production and prices boosted revenue, offsetting increased expenses at the Canada-based mining company.

-Write to Nathalie Tadena at nathalie.tadena@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

React to this article
Latest news
Date Title
07:56aDJEconomists Reduce Brazil's Economic Outlook for 2015, 2016 -- Survey
07:56a GRET ROCK : Cyberworks Robotics Announces Re-Entry into Industry it Created 30 Years Earlier
07:55a GREATER MANCHESTER CHAMBER OF COMMERCE : Did You Know as a Service Provider You Can Sell Your Expertise Overseas?
07:55a PUBLISHING TECHNOLOGY : The new model for IP and rights management in publishing is… fan fiction?
07:55a ALCATEL LUCENT : Monthly information regarding the total number of voting rights and the total number of shares of the Company
07:55aDJInvestigators Say MH17 Downed by Russian-Made Missile
07:55aDJPlayboy Magazine to No Longer Publish Nude Photos
07:55aDJJNJ to Buy Back $10 Billion in Shares
07:55a GSX Solutions Launches New Usage Reporting Capabilities to Manage Office 365
Latest news
Hot News 
UBS : Asia-Pacific Family Offices are the second best investment performers globally
LIDCO : Half Yearly Report
PROACTIS : Reports Jump In Profit And Deal With Kingfisher's Screwfix
MEDIAZEST : Trading update
ARROW GLOBAL : Executives, Institution Sell GBP27.5 Million In Shares (ALLISS)
Most Read News
10/12 Levi & Korsinsky, LLP Reminds Shareholders of Marvell Technology Group Ltd. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of November 10, 2015 – MRVL
10/12DJChina Sep Exports -3.7% on Year; Expected -6.5%
10/12DJChina September Exports -1.1% on Year in Yuan Terms
10/12 Sloan, Bagley, Hatcher & Perry Law Firm Well-Equipped to Support Consumers Affected by Volkswagen Emissions Scandal with Depth in Product Liability Matters, Launches Dedicated Web Site www.volkswagenemissionsscandal.com
10/12 Hagens Berman and Quinn Emanuel File Preliminary Injunction Motion in Nationwide Lawsuit Seeking Immediate Buyback
Most recommended articles
07:55aDJInvestigators Say MH17 Downed by Russian-Made Missile
07:55aDJPlayboy Magazine to No Longer Publish Nude Photos
07:54aDJGlobal Stocks Fall on China Trade Data -- 2nd Update
07:52aDJFastenal Profit Edges Up, Though Oil Downturn Still Weighs on Results
07:48aDJJames Staley Could Face Delicate Balancing Act at Barclays